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Describe the monetary stimulus . That is, how were the tools of monetary policy used to address the recessionary environment that occurred after the stock
Describe the monetary stimulus. That is, how were the tools of monetary policy used to address the recessionary environment that occurred after the stock market crash of 1987 (Black Monday). ?
What was done by the central bank with respect to the money supply, quantitative easing, and the bank rate?
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